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The a16z Show

a16z Podcast: Gateway Gadgets to the Internet of Things

The a16z Show

a16z

Culture, Innovation, Entrepreneurship, Software Eating The World, Disruption, Business, Technology, Science

4.21.2K Ratings

🗓️ 13 December 2014

⏱️ 15 minutes

🧾️ Download transcript

Summary

The Internet of Things puts intelligence into all kinds of things -- especially in the home, from appliances to light bulbs and door locks. But we still have a ways to go. “We need to be very patient in this category,” says Quirky CEO Ben Kaufman in ...

Transcript

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0:00.0

The content here is for informational purposes only, should not be taken as legal business, tax,

0:05.6

or investment advice, or be used to evaluate any investment or security and is not directed

0:10.3

at any investors or potential investors in any A16Z fund. For more details, please see A16Z.com

0:16.8

slash disclosures. I'm Scott Weiss, a general partner here at Andresen Horowitz, and I'm here with

0:22.0

Ben Kaufman, the CEO of Quirky. Topic today is the connected home and Internet of Things, and

0:28.4

just wanted to kick that off a little bit with, you know, I think Chris Anderson had this great

0:33.8

quote of the, who left his job at at wired to go chase a drone company.

0:40.6

And the quote was, hey, you know, I'm taking advantage of the piece of it end from the cell phone

0:45.4

wars. You know, I think drones, toys, and many of the connected home products have benefited

0:52.8

from these, you know, the preponderance of sensors

0:56.6

and, you know, cheap batteries and cheap processors.

1:00.4

And so now we're sticking them into just about everything.

1:02.7

In fact, you know, I saw a moisture sensor on a dog bowl the other day.

1:08.2

And I wondered, you know, kind of have we gone too far?

1:11.4

And so, Ben, you know, your company has, you know, developed a number of connected home

1:16.3

products.

1:17.2

And I wonder if you could just kind of, you know, kind of lay out the landscape a little bit

1:20.7

as you see it and all, we can go back and forth from there.

1:24.2

Sure, yeah.

1:24.9

We jumped into this about 18 months, so 24 months ago.

1:29.8

Not necessarily to what we were jumping into, but what we saw were a community invention site,

1:36.7

so we saw about 24% of community ideas being products that have radios built inside them.

...

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